0.77 Acres Lot
0.77 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Merrymount
MLS Listing ID O6244248
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $3,071
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 250x135
Property Description
Endless Development Potential in Prime Location!
Address: 3316 Lawrence St., Orlando, FL 32805
Price: $625,000
Investment Highlights:
Zoning Versatility: Under the New Orange Code T 5.2 Transect Zone, offering opportunities for:
• 23-unit apartment complex or 38 affordable housing units
• Single-family residences
• Transitional living or affordable housing projects
?? Strategic Location:
• Near Amazon distribution center, world-class healthcare facilities, and Kia Center
• Minutes from Disney, UCF Downtown Campus, Orlando Soccer Stadium, and Camping World Hub
?? Convenient Access:
• City water and sewer connections available
• Road access via Old Winter Garden Rd. and West Colonial Rd.
• Easy connectivity to public transportation and major highways (408/I-4/Turnpike)
Growth Opportunity: Situated within the visionary 2050 Master Plan and revitalization zone, this property promises long-term value growth.
?? Added Benefits:
• Impact Fee Credit: $23,000 savings for developers
• Opportunity Zone: Ideal for 1031 exchange investors
• Dry & Ready to Build: Immediate development opportunity
Why Invest?
With increasing demand for affordable and transitional housing, this property guarantees a high return on investment while positively impacting the community.
Key Features:
• Utilities: City water/sewer
• Nearby Amenities: Shopping, dining, recreation
• Close to Iconic Attractions: Disney, Downtown Orlando, and more
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IMPACT FEE CREDIT of $23,000 OPPORTUNITY ZONE! DRY & READY TO BUILD! 1031 EXCHANGE INVESTMENT!
Location
State FL
County Orange
Community Merrymount
Zoning C-3
Exterior
Utilities Available BB/HS Internet Available, Electrical Nearby, Electricity Available, Fire Hydrant, Sewer Available, Street Lights, Water Available, Water Nearby
Building
Lot Description Buildable, Cleared, City Limits, Near Public Transit, Oversized Lot
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Schools
Elementary Schools Rock Lake Elem
Middle Schools Carver Middle
High Schools Jones High
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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